The U.S. hotel industry reported negative year-over-year comparisons for the week ending July 12, according to data from CoStar.
July 6-12 (percentage change from comparable week in 2024):
Occupancy: 67.2% (-3.2%)
ADR: $158.42 (-0.5%)
RevPAR: $106.39 (-3.7%)
Among the top 25 markets, St. Louis saw the largest increases in each of the three key performance metrics: occupancy (+21.0% to 81.3%), ADR (+8.1% to $145.21) and RevPAR (+30.8% to $118.10), due to the 62nd General Conference Session of the Seventh-day Adventist Church.
Houston recorded the steepest declines in each of the three key performance metrics: occupancy (-20.0% to 57.7%), ADR (-17.6% to $114.55) and RevPAR (-34.2% to $66.05). The market’s performance was due to a comparison against the effects of Hurricane Beryl in 2024.
Tags: CoStar